Thursday, March 29, 2012

Yet Another Investment Arbitration Against India?

According to the latest news report in The Times of India here, it seems India is surely going to tread rough weather in the coming days. The newspaper reports that a UK based fund, The Children Investment  is set to invoke India-UK and India-Cyprus BITs for the losses it has suffered  being a shareholder in Coal India.

Seems that White Industries has given good hopes to many investors who have been taking the cue from its success against India.We have covered other BIT claims brought against India here, here and here

The image has been taken from here.

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